As a way to raise money and comply with the European Union (EU’s) requirements for its bailout, the Portuguese government has sold the previously state-owned national postal operator, CTT Group.
Over the last year, Australia Post saw its profits decrease, as the carrier lost $328.4 million in its letter business, requiring the company to think about restructuring and new business ventures.
The U.S. Postal Service is now allowing specific quantities of lithium batteries to be sent to international destinations, pending adherence to certain requirements.
SingPost will increase its workforce by 15 percent as a way to improve its mail delivery services and respond to population growth.
Parcels have surpassed letters in revenue production for the first time in New Zealand Post’s history, demonstrating a trend many other carriers are experiencing.
Correos recently announced its decision to purchase more then 1,300 new vehicles in efforts to improve and modernize its delivery services.
The company has increased its green electricity share by half, from approximately 40 percent in 2012 to higher than 60 percent in 2014.
UK e-commerce merchants are projected to lose 771 million euro each year due to missed deliveries.
As of August 18, severe floods and landslides have killed 200 people in Nepal and Northern India.
Canada Post’s board chairman, Marc Courtois, will be stepping down after seven years in the position, reports Post and Parcel, and the company is seeking a replacement.